Bitget TradFi Perpetual Volume Exceeds $100B in August

Crossing $100B in TradFi perpetual volume signals that institutional traders are increasingly treating crypto-native perpetuals as a viable alternative to traditional derivatives, not just a speculative side market. The scale suggests Bitget is capturing demand that previously flowed to established futures venues, which could pressure incumbents to sharpen their crypto offerings. What matters next is whether this volume is sticky or a one-off spike driven by August volatility, and whether other exchanges see similar inflows as TradFi participants deepen their engagement.